re: Will not fall below 8cents.........some techni OK......let's get serious about Powerlan ;o)
Bonkers and the PWR followers have been using their bulls#it Fibonacci retracement levels to buy in all the way from 90c down to 9c...............so that doesn't work.
Just revisited the chart (and anyone who's bought in the last 2 years as an investment has lots of courage.....to put it nicely) and there is a definite head and shoulders pattern formed between late 99 and late 2000 with a neckline at 90c. This should provide a reliable guide..........
Now......using head and shoulders theory we subtract the neckline value from the top (3.15-90c) which gives us 2.25.................we then subtract this from the neckline to give a price target on the downside.
So.....0.90-2.25= negative $1.35. :o)
ED.
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Last
$1.78 |
Change
0.010(0.56%) |
Mkt cap ! $306.6M |
Open | High | Low | Value | Volume |
$1.77 | $1.79 | $1.76 | $889.0K | 500.9K |
Buyers (Bids)
No. | Vol. | Price($) |
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1 | 49274 | $1.78 |
Sellers (Offers)
Price($) | Vol. | No. |
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$1.79 | 1845 | 1 |
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No. | Vol. | Price($) |
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1 | 49274 | 1.780 |
2 | 6211 | 1.770 |
1 | 7500 | 1.765 |
4 | 23922 | 1.760 |
2 | 4845 | 1.755 |
Price($) | Vol. | No. |
---|---|---|
1.790 | 1845 | 1 |
1.795 | 1845 | 1 |
1.800 | 51835 | 3 |
1.830 | 1639 | 1 |
1.860 | 10000 | 1 |
Last trade - 16.10pm 04/06/2024 (20 minute delay) ? |
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Last
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Change
0.010 ( 0.88 %) |
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Open | High | Low | Volume | ||
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Last updated 15.59pm 04/06/2024 ? |
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